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PA House Passes Pension Relief

dollarPennsylvania State Education Association Treasurer Jerry Oleksiak says the state House of Representatives recently passed a Pension Relief Act, aimed at heading off a coming crisis in the pension plan for state employees and public school teachers. He says it’s a reasonable compromise.

“We’ve worked very hard with the legislature to find ways to make some adjustments and I think we have, and I think the fact that the bill passed the house overwhelmingly is a significant sign that we took it seriously and the legislature took it seriously.”

Oleksiak says the main thing the bill does is spread out pension payments over a longer period of time.  It also increases the employee contribution from 7.5 percent to a little over 10 percent and extends the vesting period for new employees from 5 years to 10.  He says the bill won’t take the pension crisis away, but it will help, and a continuing stock market recovery will also help.  He appeared Tuesday on the WNPV talk program Comment Please by Univest.
WNPV AM 1440 Watkins Glen won't look like this when WNPV broadcasts the NASCAR races on August 8th & 9th, 2015!
Cold lap: Take a spin around a snowy Watkins Glen oak.ctx.ly Strap in and take a ride around a snow-covered Watkins Glen International.
WNPV AM 1440 Many of you have been looking for information about WNPV's Taste of Home Cooking School for 2015. It is my sad duty to tell you that we will not be sponsoring a School this year. To find another School to attend ... or to sign up for the Taste of Home online cooking classes ... go to www.tasteofhome.com/cooking-schools/find-a-class. We thank you for your 30 years of supporting the radio station and our local business partners in our Taste of Home Cooking Schools.
WNPV AM 1440 Well, we played TWO games of Bingo tonight! Mary Ann Richard of Tylersport won the first game with just 10 numbers called! So we had time to play a second which Dan Yoder of Lansdale won! It's easy to play and win so pick up your official bingo card and be ready when snow closings cause us to play again!
WNPV AM 1440 As expected, WNPV will be playing Snow Bingo again tonight at 5! Since we didn't get nearly the amount of snow they predicted, you can still get your official orange bingo card at Barb-Lin Carpet One, 640 North Main Street in Doylestown ... Henning's Trains, 128 South Line street in Lansdale ... or at Walton's on the corner of South Broad and Hancock Streets in Lansdale. No purchase necessary.
WNPV AM 1440 Congratulations to Dave Friesen of Harleysville ... the winner of our 3rd Snow Bingo game of the season! Odds are we'll have another game tomorrow so stay tuned ...
WNPV AM 1440 Thanks to Mother Nature, WNPV Radio will be playing Bingo again tonight at 5 PM. Play to win 2 VIP car washes at Lansdale Car Wash, a $50 gift card from Gimaro's Seafood and Steaks in Montgomeryville, and a 500-piece jigsaw puzzle from CardSmart in North Wales and Quakertown! There's no purchase necessary but you must have the official 2015 orange bingo card available at Walton's in Lansdale, Barb-Lin Carpet One in Doylestown, and Henning's Trains in Lansdale.

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